Eu Financial News

Italy’s far-right-led government has approved a budget for next year that aims to bolster public health services, encourage families to have more children and put more money in the pockets of low- and medium-wage earners

Projections show that the majority of voters in Poland’s general election supported opposition parties

Polish opposition leader Donald Tusk is declaring the beginning of a new era after three opposition parties appeared to have won enough votes in Sunday’s parliamentary election to oust the governig party

Leaders from the European Union offered a new growth plan to the Western Balkans at a summit in Albania’s capital on Monday, opening parts of the EU single market and asking for deep-rooted reforms ahead of membership in the bloc for the six countries ...

₹58 crore in its Series B funding round led by EDFI ElectriFI (Electrification Financing Initiative), an EU-funded impact investment facility managed by EDFI Management Company. EDFI ElectriFI invested close to ₹24 crore in Freyr Energy. The rest was from Schneider Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital, the company said in a statement.

Fraudsters in Ireland prefer targeting traditional banking customers instead of cryptocurrency investors amid a two-year-long bear market.

European stocks and US equity futures fluctuated while Treasuries dropped as traders tracked efforts by the US and its allies to prevent further escalation of the Israel-Hamas conflict.

By Sachin Ravikumar

By Emma Rumney

By Philip Blenkinsop

By Valentina Za, Giuseppe Fonte and Elisa Anzolin

By Byron Kaye

Hamas attacks on Israelis and Israel's response. Michel said the bloc stood in «full solidarity» with the people of Israel after the «brutal terrorist attacks» of a week ago. In an invitation letter to EU leaders, Michel said Israel had the right to defend itself in compliance with international law. He said the siege of the Gaza Strip was raising alarm bells in the international community, prompting him to convene a video conference meeting on Tuesday at 1730 CET (1530 GMT). «It is of utmost importance that the European Council, in line with the treaties and our values, sets our common position and establishes a clear unified course of action that reflects the complexity of the unfolding situation,» he wrote. Michel said the EU had to be an advocate of peace and respect for international law and should seek to avoid a regional escalation of the situation. Michel said the conflict had the potential to feed extremism in EU societies and could prompt migration and movements of a large number of people to neighbouring countries.

By Jorgelina do Rosario and Elisa Martinuzzi

RBI Governor Shaktikanta Das, two other central bankers- Thomas J. Jordan of Switzerland and Nguyen Thi Hong of Vietnam earned an ‘A+’ grade in the Global Finance Central Banker Report Cards 2023. "The Bank Governors who earned an ‘A+’ grade in the Global Finance Central Banker Report Cards 2023 are Shaktikanta Das from India, Thomas J.

Lok Sabha speaker Om Birla told European Parliament vice-president Nicola Beer in a bilateral meeting here on Saturday. Birla said this in protest against European Parliament's July resolution on the human rights situation in India in the backdrop of violence in Manipur.

Also read: Israel-Hamas war: Putin backs Israel's self-defence, calls for 'independent' Palestinian state "The ongoing Israel-Hamas conflict may disrupt the project's timelines and outcomes, marking a pivotal juncture in the development of this ambitious economic corridor. While the war's direct impact remains regional, the geopolitical consequences reverberate far beyond, with potential consequences for the proposed corridor," he added.

By Laurie Chen

Josep Borrell said Saturday that a plan by Israel to evacuate more than one million people out of northern Gaza in a single day was «utterly impossible to implement». Israel warned residents in the area to evacuate before an expected ground offensive against Palestinian Islamist organisation Hamas in retaliation for the deadliest attack in Israel's history. «I am saying that, representing the official position of the European Union… (the evacuation plan) is utterly, utterly impossible to implement,» Borrell told a press conference in Beijing on the final day of a three-day diplomatic visit to China. «To imagine that you could move one million people in 24 hours in a situation like Gaza can only be a humanitarian crisis,» he added. EU chief Ursula von der Leyen had expressed support to Israeli Prime Minister Benjamin Netanyahu on Friday during a visit to the country. «Europe stands with Israel,» said von der Leyen, adding that the country had «a duty to defend its citizens». But Borrell's comments in Beijing showed the limits of that affirmation, saying that Israel was also obligated to follow international humanitarian law in the process of defending itself. «The position is clear,» said Borrell. «We certainly defend the right of Israel to defend itself.» «But, as any right, it has a limit.

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